With public sector budgets constantly under pressure, governmental agencies often seek to fund development projects, infrastructure construction and the delivery of governmental services through public-private partnerships (“PPPs”). Goulston & Storrs attorneys have deep expertise in structuring a wide range of PPPs for public and private clients in real estate, transportation, advertising and other sectors. Our lawyers recognize that PPPs are almost always unique; each structure depends on the type of project, the needs and limitations of the governmental agencies, and the business models of the private partners. We understand both the political considerations that public agencies face and the financial imperatives of our clients doing business in this area, and we relish the creative lawyering that is critical to guiding successful projects in this expanding realm.
Our interdisciplinary teams work seamlessly with clients from the inception of an idea for a PPP project, identifying public and private financing sources, and matching them to project delivery schedules and the financial expectations of the private partners and their investors. We have experience structuring the legal and financing arrangements for the delivery of public-private projects, and in drafting requests for proposals and other bidding documents for our public clients. Our lawyers have guided public agencies safely and successfully through complex procurements, and helped private clients secure sophisticated public-private opportunities.
- New York City Economic Development Corporation
- Massachusetts Bay Transportation Authority
- Edward M. Kennedy Institute for the U.S. Senate